What are the responsibilities and job description for the Economic Development Coordinator position at Village of Hanover Park?
Job Description
ESSENTIAL DUTIES & RESPONSIBILITIES:
ESSENTIAL DUTIES & RESPONSIBILITIES:
- Actively purses new development and businesses and assists developers and businesses through the approval process, including developing and recommending strategies for incentives, marketing, and related initiatives.
- Builds and maintains strong, collaborative relationships with business and property owners, developers, and commercial real estate professionals through proactive outreach and regular site visits.
- Cultivates and maintains relationships with private sector, regional, and governmental partners, including the Park District and the Chamber of Commerce.
- Administers and promotes the Village's TIF programs and oversees local, state, and federal incentive initiatives.
- Conducts research and analysis on market trends, economic conditions, and development opportunities; prepares financial and economic analyses to support business proposals and Village initiatives.
- Maintains and leverages economic development data, including available sites, to attract and support businesses and developers, while providing guidance on market advantages, site availability, development processes, and incentive programs.
- Stays current on economic development trends and best practices and advises executive leadership and the Village Board on strategic initiatives, emerging opportunities, and approaches to attract and retain targeted retail and other desired uses.
- Collaborates with Village staff to develop and produce marketing materials that promote the Village both locally and nationally, which may include managing and marketing events.
- Demonstrates working knowledge of public and private financing programs, including TIF financing and other incentive programs.
- Possesses strong knowledge, skills, and abilities in analytical thinking, project management, planning, and negotiation.
- Demonstrates the ability to respond to evolving market conditions and community needs with flexibility, creativity, and effective solutions.
- Skilled in designing and implementing initiatives that support community goals, including business recruitment, workforce development, and grant-funded projects.
- Able to provide guidance to businesses, entrepreneurs, and community organizations on permitting, funding opportunities, and economic development programs.
- Experienced in working across public and private sectors, coordinating with multiple stakeholders, and managing collaborative initiatives.
- Exceptional communication skills.
- Bilingual or multilingual proficiency is a plus.
- Bachelor's degree in Marketing, Economics, Urban Planning, or Public Administration.
- Minimum of four (4) years of experience in local government, quasi-governmental, or the private sector, demonstrating success in economic development or a similar field.
- Strong verbal, written, and interpersonal communication skills, with the ability to work effectively with diverse populations.
- Proficiency in Microsoft Office, Canva, or other graphic design programs.
- Demonstrated experience with TIF and/or negotiating development agreements is preferred.
- CEcD certification is a plus.